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Feb 19, 2013
02/13
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where do you see regulation, generally speaking, and obama term number two? >> in terms of financial reform, we just need to get it done. i think the uncertainty, the regulatory uncertainty hurts the financial sectors. the rules need to get finalized. i think a lot of these rules have been too complicated and too bureaucratic. get them done. let everyone know what the rules are in the system will adapt. that is my hope. what will actually happen, i cannot say. connell: formally the chair of the fdic. as always, thank you for coming on. dagen: the full impact of gas prices on prices. jeff flock is in chicago. he will report from the windy city. connell: and the numbers game and politics. adapting a business state of mind to try to save a party. we have a lot of data to crunch. dagen: i wonder what counts spell like in chicago. like sandwiches? maybe something like that. here in new york it is feet. connell: currencies today, the euro is at 133.61 to the dollar. we will be right back with jeff flock. ♪ [ male announcer ] you are a business pro. omnipotent of
where do you see regulation, generally speaking, and obama term number two? >> in terms of financial reform, we just need to get it done. i think the uncertainty, the regulatory uncertainty hurts the financial sectors. the rules need to get finalized. i think a lot of these rules have been too complicated and too bureaucratic. get them done. let everyone know what the rules are in the system will adapt. that is my hope. what will actually happen, i cannot say. connell: formally the chair...
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Feb 15, 2013
02/13
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why president obama says it makes no sense. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back onvery purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. what's in your wallet? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty i
why president obama says it makes no sense. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back onvery purchase plus a 50% annual bonus on the cash you earn. it's the...
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Feb 12, 2013
02/13
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president obama calling the test highly provocative. north korea's previous test back in 2009 was larger. there is a disabled carnival cruise ship floating in the gulf of mexico. there was an engine fire on sunday. tugboats will tow the ship to mobile, alabama. a committee is expected to vote on chuck hagel's nomination to become defense secretary. he is facing opposition from republicans. that is a quick look at some of your headlines making news this hour. cheryl: countdown to valentines day. online jeweler blue nile reporting numbers today. what kind of numbers can we expect? down 26%. what is happening? i think investors had a very strong growth outlook. with the growth slowing growth investors have pulled out of the stock. now it is actually a little more fairly valued. cheryl: let's talk about the new ceo harvey cantor. if you look at blue nile, that is a little risky for many people. they did have an earnings problem the year before. they are doing some new products. the only thing people have to remember is blue nile actually be
president obama calling the test highly provocative. north korea's previous test back in 2009 was larger. there is a disabled carnival cruise ship floating in the gulf of mexico. there was an engine fire on sunday. tugboats will tow the ship to mobile, alabama. a committee is expected to vote on chuck hagel's nomination to become defense secretary. he is facing opposition from republicans. that is a quick look at some of your headlines making news this hour. cheryl: countdown to valentines day....
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Feb 14, 2013
02/13
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if that were true there is no way the obama administration would improve this, interfering in merger talks all over. >> will be difficult to stop this merger from the department of justice, there is little overlap. the system is complementary. they will firm up with this merger, that is just going to strengthen the industry as we have rationalization of seats. tracy: we have yet to find an airline deal that works to our benefit? from continental, delta, northwest, prices go up, bags get lost and a lot of disgruntled passengers. >> the hard part u.s. airways begins now. integrating these two systems. as far as the stock goes, i tell people to buy on anticipation of the merger, on announcement sell. it is a rough one or two years as they turn into two diverse systems. would be beneficial for everybody. remember a couple years ago when airline ticket prices were cheaper, they were losing money. you have to have an industry that makes money if you want to launch a viable system. dennis: their roots are not overlapping at all. they are complementary which means they don't have as much mar
if that were true there is no way the obama administration would improve this, interfering in merger talks all over. >> will be difficult to stop this merger from the department of justice, there is little overlap. the system is complementary. they will firm up with this merger, that is just going to strengthen the industry as we have rationalization of seats. tracy: we have yet to find an airline deal that works to our benefit? from continental, delta, northwest, prices go up, bags get...
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Feb 12, 2013
02/13
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ashley: republican congressman darrell eisnaugle is a will weigh in what president obama obama should say or not say in tonight's address. we'll look at currencies. euro up against the dollar. meanwhile the pound is down. all the currencies up against the u.s. dollar. we'll be right back. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. mmand is locked. five seconds. three, two, one. stding by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools
ashley: republican congressman darrell eisnaugle is a will weigh in what president obama obama should say or not say in tonight's address. we'll look at currencies. euro up against the dollar. meanwhile the pound is down. all the currencies up against the u.s. dollar. we'll be right back. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. mmand is locked. five seconds. three, two, one. stding by for capture. the most...
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obama think he can do here? >> what cyber experts say doesn't go on without the expletive or intuitive report of the chinese government so that is one of the big issues here. a new u.s. intelligence report is expected to call the rising chinese cyber attacks a threat to the u.s. economy. after noting recent attacks on their computer systems suspected of originating from china. social media site twitter said extremely sophisticated hackers from unidentified source may have stolen e-mail names, passwords, 2000 customers. they have made little progress in negotiations with the chinese to stop this kind of hacking. by the u.s. is considering economic and diplomatic steps to prevent it and according to the financial times, more information sharing between washington and private companies to protect critical systems and infrastructure like power grids and medication systems. >> we have had and have been very clear about our substantial and growing concerns about the threat of economic and national security posed by cy
obama think he can do here? >> what cyber experts say doesn't go on without the expletive or intuitive report of the chinese government so that is one of the big issues here. a new u.s. intelligence report is expected to call the rising chinese cyber attacks a threat to the u.s. economy. after noting recent attacks on their computer systems suspected of originating from china. social media site twitter said extremely sophisticated hackers from unidentified source may have stolen e-mail...
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Feb 21, 2013
02/13
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>> the spending that obama has wanted, he has gotten. spending has increased. what do we have to show for it? the slowest economic recovery in three generations. dagen: show the white housethe worried, though? there is no way to know how it will react. >> we should all be concerned about what is happening in the federal reserve. i think we should all be concerned. it is pretty frightening what they have been up to. the inflation concerns are very real. how they are going to back out of this, who knows. connell: people on the other side are worried about them backing out. there you have it. dagen: the consumer price index was flat two months in a row. connell: thank you, jason. another big story that we have been talking about all week. the cyber attacks. the big story about china. the obama administration looking to tighten the belt on nations like china and others. we bring our next guest in. trying to make himself some money on this next trend. you have been on this for a while. this is one of your big picture trends that you pick stocks on? >> we have talked
>> the spending that obama has wanted, he has gotten. spending has increased. what do we have to show for it? the slowest economic recovery in three generations. dagen: show the white housethe worried, though? there is no way to know how it will react. >> we should all be concerned about what is happening in the federal reserve. i think we should all be concerned. it is pretty frightening what they have been up to. the inflation concerns are very real. how they are going to back out...
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Feb 19, 2013
02/13
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ashley: president obama pointed the finger at congress again today. urging lawmakers to act. >> congress allows this meet cleaver approach to take twice. it will jeopardize our military readiness, it will eviscerate job readiness and education and medical research. ashley: while the president surrounded by first responders asked congress for a short-term fix. if the sequester were to take waste, hundreds of thousands of emergency personnel would have their jobs in jeopardy. if congress were to take action, it looks like it would be down to the wire. just eight days to go until the cuts hit. the president prodding coming just after deficit talks. lou dobbs coming up in just a few minutes to wait in on that. tracy: i guess this is their fourth in three years. office depot and officemax in talks to merge. could staples be the big winner here? ashley: new details in the multibillion-dollar diamond heist in belgium. this story straight out of the movies. cheryl: it is like oceans 11. let take a look at metals. gold, silver, copper all down today. ♪ all s
ashley: president obama pointed the finger at congress again today. urging lawmakers to act. >> congress allows this meet cleaver approach to take twice. it will jeopardize our military readiness, it will eviscerate job readiness and education and medical research. ashley: while the president surrounded by first responders asked congress for a short-term fix. if the sequester were to take waste, hundreds of thousands of emergency personnel would have their jobs in jeopardy. if congress...
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Feb 25, 2013
02/13
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president obama calling on congress to reach some sort of a compromise. rich edson joins us with inside the beltway news. rich: they are not even talking about friday's deadlinecoming to the white house prodding republicans to sign off on tax increases because of a budget deal to avert the automatic spending cuts. the administration's just-released a report. the sample warns more than 7000 new york children will go without vaccinations, south: will lose 100 teachers assigned to children with disabilities and more than 57,000 people will lose health on their job searches in ohio. in washington, d.c., the same old spending fight. melissa: these impacts will not all be felt on day one. but rest assured the uncertainty is already having an effect. companies are preparing layoff notices, families are preparing to cut back on expenses, and the longer these cuts are in place, the bigger the impact will become. >> what sequestration is, it is a way to cut spending. i don't agree with that, but do not cut 2.5% of the budget over a year when it is twice the size it
president obama calling on congress to reach some sort of a compromise. rich edson joins us with inside the beltway news. rich: they are not even talking about friday's deadlinecoming to the white house prodding republicans to sign off on tax increases because of a budget deal to avert the automatic spending cuts. the administration's just-released a report. the sample warns more than 7000 new york children will go without vaccinations, south: will lose 100 teachers assigned to children with...
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Feb 18, 2013
02/13
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dennis: president obama's plan leaked. the marts closed, but fox biz, we are open, baby. ♪ oh this is lame, investors could lose tens of thousands of dollars on their 401(k) to hidden fees. is that what you're looking for, like a hidden fee in your giant mom bag? maybe i have them... oh that's right i don't because i rolled my account over to e-trade where... woah. okay... they don't have hidden fees... hey fern. the junkrawer? why would they... is that my gerbil? you said he moved to a tiny farm. that's it, i'm running away. no, no you can't come! [ male announcer ] e-trade. less for us. more for you. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with u >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining ur reputation. that's why you need lifelock to relentlessly protect what m
dennis: president obama's plan leaked. the marts closed, but fox biz, we are open, baby. ♪ oh this is lame, investors could lose tens of thousands of dollars on their 401(k) to hidden fees. is that what you're looking for, like a hidden fee in your giant mom bag? maybe i have them... oh that's right i don't because i rolled my account over to e-trade where... woah. okay... they don't have hidden fees... hey fern. the junkrawer? why would they... is that my gerbil? you said he moved to a tiny...
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he was the president of the new york fed before joining the obama administration. so will be interesting to see what that might reveal. who said what and, you're laughing. >> you know, i'm not necessarily a big geithner fan but i think the bit will be a good seller. ashley: yeah. just out of interest. >> as long as he doesn't write anything, you know books on how to prepare your taxes. ashley: ouch. >> that would be a pamphlet really. ashley: on a postage stamp. >> i'm jealous the guy is making more money than me. ashley: of course. thank you, charles. >> see you later. tracy: it is quarter past. speaking of money we have to check on the markets. nicole petallides on the floor of the stock exchange. you're looking at some movers in the videogame sector, right? >> that's right. money, money. video fame is a big money making sector. it is intense competition. look at gamestop right now which is down 6 1/2%. sometimes great hardware, great games boost these stocks but in this case, gamestop is under pressure because xbox will launch a new xbox that requires internet.
he was the president of the new york fed before joining the obama administration. so will be interesting to see what that might reveal. who said what and, you're laughing. >> you know, i'm not necessarily a big geithner fan but i think the bit will be a good seller. ashley: yeah. just out of interest. >> as long as he doesn't write anything, you know books on how to prepare your taxes. ashley: ouch. >> that would be a pamphlet really. ashley: on a postage stamp. >> i'm...
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president obama could take some heat from members of his own party at a retreat in virginia. dennis: peter barnes joins us with more. peter: the president continues to talk strategy. this'll be the latest. some house democrats are upset with the president for not doing more to prevent the sequestered. about half of it is in defense and lots of democrats called from places with defense contractors. >> i do worry sometimes that as soon as we leave the prayer breakfast everything we have been talking about seems to be forgotten. on the same day of the prayer breakfast. [ laughter ] >> you would like to think that the shelf life was not so sure. [ laughter ] >> i go back to the oval office and i start watching cable news networks and it is likely did not pray. [ laughter ] don: defense secretary leon paneta testified this morning. cheryl: at least he said networks plural this time around. peter: yes, he did. dennis: mail delivery being stopped on saturdays. cheryl: let's take a look at some of the winners over on the nasdaq. you have o'reilly automotive, yahoo! and apple. we will
president obama could take some heat from members of his own party at a retreat in virginia. dennis: peter barnes joins us with more. peter: the president continues to talk strategy. this'll be the latest. some house democrats are upset with the president for not doing more to prevent the sequestered. about half of it is in defense and lots of democrats called from places with defense contractors. >> i do worry sometimes that as soon as we leave the prayer breakfast everything we have...
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Feb 21, 2013
02/13
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president obama has come out as a champion. these cuts that he is talking about, they are exactly targeting these people he says he is the guardian and keeper of lou: he also says that the problem is not spending. he says his administration is the most transparent. he just put a 2% payroll tax back on them on january 1. for him to say he is not taxing the middle class, this man has just dropped a load on the back of every working man and woman in this country. it is silly. it did not work in 2011. the jobs act is a joke. the president knows better than to play these games. what is really offensive is he sits up there and looks into the camera and during the state of the union he says i know you want to support this because i know you want the jobs in your district. he is talking pork, folks. that is not the reason for and infrastructure investment. it is a payoff. it is that simple. it is not going to happen. shibani: is it about the timing more than anything else? it could use an upgrade, certainly. lou: take new york, for exa
president obama has come out as a champion. these cuts that he is talking about, they are exactly targeting these people he says he is the guardian and keeper of lou: he also says that the problem is not spending. he says his administration is the most transparent. he just put a 2% payroll tax back on them on january 1. for him to say he is not taxing the middle class, this man has just dropped a load on the back of every working man and woman in this country. it is silly. it did not work in...
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Feb 15, 2013
02/13
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lori: president obama talking a lot about a manufacturing renaissance. jeff flock is in rockford, illinois. impressive, jeff. jeff: indeed, lori. i love these old buildings and structures. i have the mayor with me. he has been the mayor for eight years here. barber coleman was a giant manufacturer. >> yes, it was. jeff: walk me through this. i want to put some numbers up. we talk about a manufacturing renaissance. they have been shrinking since the 70s. really unabated. the fact is there has been no time in the past, well, 30 years where we had more plants open in a year then plant closed. is there really a renaissance going on? >> there is. we have to be prepared to respond where the market is today. it is not the same when barber coleman was here. jeff: nobody will build a structure like this or actually need a structure like this. >> that is right. many times it may be a smaller manufacturer. jeff: i will leave you with one other chart there. that is manufacturer workers. even though we have lost 40% of manufacturing jobs since the 70s, kicking up a l
lori: president obama talking a lot about a manufacturing renaissance. jeff flock is in rockford, illinois. impressive, jeff. jeff: indeed, lori. i love these old buildings and structures. i have the mayor with me. he has been the mayor for eight years here. barber coleman was a giant manufacturer. >> yes, it was. jeff: walk me through this. i want to put some numbers up. we talk about a manufacturing renaissance. they have been shrinking since the 70s. really unabated. the fact is there...
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dennis: president obama wrapping up a meeting with labor leaders on immigration reform. cheryl: this ahead of another gathering this afternoon where the president is going to speak with ceos from some of the biggest companies in the country. also on immigration, and peter barnes has the latest from the white house. peter? >> hey, dennis and cheryl, this meeting with leaders broke up here, and we have a debriefing now from the executive dleghter of the immigration law center, and she just walked out of the meeting with the president, and thank you for joining us on fox business. how did the meeting go? >> really well, a productive meeting. we are feeling optimistic this is our moment that we can achieve common sense immigration reform this year. >> one of the issues that came up was border security and enforcement which the gang of eight senators on the hill, democrats and republicans say is a precondition for creating this new pallet to citizenship. what did you -- how did your discussion go around that issue? >> so he informed the president from our community's perspect
dennis: president obama wrapping up a meeting with labor leaders on immigration reform. cheryl: this ahead of another gathering this afternoon where the president is going to speak with ceos from some of the biggest companies in the country. also on immigration, and peter barnes has the latest from the white house. peter? >> hey, dennis and cheryl, this meeting with leaders broke up here, and we have a debriefing now from the executive dleghter of the immigration law center, and she just...
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Feb 28, 2013
02/13
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there's -- over the past four years, obama's budgets spent over $12 trillion. we're going to have a growth rate this year of 1.4%. dagen: barely growing. >> no evidence whatsoever all this federal spending is producing economic growth. give -- connell: give us a prediction how it ends if tomorrow's deadline, forget about it, the sequester goes into effect, but then you'll get another deadline, government shut down is the next conversation. >> i don't think we'll get a government shut down. one point, connell, if that sequester takes effect, i think the result is positive in the sense it shows that the united states government, unlike all of the other western governments, can reduce its public spending, and i think the effect will be distributed widely enough that it won't be deeply felt in the economy, and it'll be a down payment on doing more of these sorts of thing suggested, more serious reconstruction of the federal budget. connell: thank you, dan. dagen: read dan's column. it's a history lesson, incredibly geniusly written history lesson. thank you very mu
there's -- over the past four years, obama's budgets spent over $12 trillion. we're going to have a growth rate this year of 1.4%. dagen: barely growing. >> no evidence whatsoever all this federal spending is producing economic growth. give -- connell: give us a prediction how it ends if tomorrow's deadline, forget about it, the sequester goes into effect, but then you'll get another deadline, government shut down is the next conversation. >> i don't think we'll get a government...
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Feb 13, 2013
02/13
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i listened to president obama last night. transatlantic trade is creating millions of jobs around the atlantic. we believe they can create even more. open markets bring down nontariff barriers and addressing some issues that our friends in china, brazil and india need to be very offensive to. connell: eu ambassador to the u.s., thanks a lot. dagen: jack lew's confirmation hearing underway. he is facing some heavy scrutiny for his time spent. connell: rich edson is following this for us on capitol hill. rich: president obama pointed out that romney's time as a banker. all of that. also, jack lew's pay at citibank. >> in 2008 i was in employee in the private sector. i was compensated for by work. i will leave for others to judge. rich: that is something that republicans are calling hypocrisy. jack lew is saying he would like to get both individual and business tax reform done. republicans have been floating at the corporate side at 25%. it would be challenging to get there. he would like to, on the individual side, raise some r
i listened to president obama last night. transatlantic trade is creating millions of jobs around the atlantic. we believe they can create even more. open markets bring down nontariff barriers and addressing some issues that our friends in china, brazil and india need to be very offensive to. connell: eu ambassador to the u.s., thanks a lot. dagen: jack lew's confirmation hearing underway. he is facing some heavy scrutiny for his time spent. connell: rich edson is following this for us on...
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no doubt, says president obama. the judge calls it theft. he's here next. >> as we do every day at this time of day. let's take a look at the 10-and 30-year treasuries as we head to break. we'll be right back. ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ >> this is requester fox business brief. stocks under pressure as of dow closed above 14,000 friday, a weaker than expected factory orders report drags down the market. the government says it orders rows 1.8% in december versus a forecast of 2.2%. we'll look out for numbers of yum brands after the close today. the parent company of taco bell, kfc, and pizza hut is expected a profit of 11 cents a share on $4.1 billion. prepare for fish mcbites. mcdonald's offers them as the first new happy meal in over a decade. they say fish mcbi
no doubt, says president obama. the judge calls it theft. he's here next. >> as we do every day at this time of day. let's take a look at the 10-and 30-year treasuries as we head to break. we'll be right back. ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank....
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president obama and our cia. i have to say, thank you for having grown-ups finally in charge of a movie and the intelligence community itself. now, if only, if only the folks will be as an adult. lori: why don't politicians just kind of accept the fact that all of these things do not happen in a vacuum? everything is situational. you know what i am saying? they want these specific answers from brennan in the documents from the administration lou: here is a man who has been serving his country honorably with great distinction and affect, yet we will have politicians try to make, try to create some sort of clinical leverage out of it. i think it is terrible that they are doing it. you can judge this man on any kind of basis, but to judge him because he is using the most effective tools at hand to move forward within the national interest, what with these people have him do? what they are saying is they do not want our intelligent committees doing the very best that they can to protect this country. lori: what are y
president obama and our cia. i have to say, thank you for having grown-ups finally in charge of a movie and the intelligence community itself. now, if only, if only the folks will be as an adult. lori: why don't politicians just kind of accept the fact that all of these things do not happen in a vacuum? everything is situational. you know what i am saying? they want these specific answers from brennan in the documents from the administration lou: here is a man who has been serving his country...
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we re-elected president obama. we need to work with the government to come up with rational solutions so you need to encourage businesses and stop discouraging it. cheryl: so many challenges business face. you employ 70,000 people worldwide right now. are you going to be hiring this year, yes or no? >> well, we hope to be hiring. we'd like to continue to develop restaurants, but a lot of whether or not you build new restaurants depends on how the economy is going, whether people are building shopping centers or put the restaurants in. we are an economy-dependent business, projects we build restaurants this year. the franchises build restaurants, and i'll tell you the franchises build almost double the amount of restaurants outside the united states than they build inside the united states. we have international growth to boost our bottom line, and boost our growth, but we hope to grow in the united statesment we're going to do everything we can. we want to work with the president. we want to see this happen, but it
we re-elected president obama. we need to work with the government to come up with rational solutions so you need to encourage businesses and stop discouraging it. cheryl: so many challenges business face. you employ 70,000 people worldwide right now. are you going to be hiring this year, yes or no? >> well, we hope to be hiring. we'd like to continue to develop restaurants, but a lot of whether or not you build new restaurants depends on how the economy is going, whether people are...
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Feb 18, 2013
02/13
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president obama as a candidate in 2007 talk about this. he did nothing in the first term. >> what can they do? the chinese say, that's great, and they carry on doing what they are doing. >> last year, china's trade surplus against the united states was 136.3% of the overall trade surplus giving us leverage. that number is based on china's official export numbers. it's probably a lot higher because china fiddles with export numbers. so, you know, right now, we have enormous amounts of leverage, but only if we care to use it. the problem is this administration believes we can't do anything so it's not doing anything. if you have that mind set, you won't do anything effective. >> all right, leaving it on that strong message. thank you so much for being here. >> thank you, ashley. >> now we have a fox business exclusive on a union fight for you. down on the farm, the nation's largest grower of peaches, plums, and nectarines locked in a strange dispute with the united farm workers. amid charges and countercharges of unfair labor practices in a
president obama as a candidate in 2007 talk about this. he did nothing in the first term. >> what can they do? the chinese say, that's great, and they carry on doing what they are doing. >> last year, china's trade surplus against the united states was 136.3% of the overall trade surplus giving us leverage. that number is based on china's official export numbers. it's probably a lot higher because china fiddles with export numbers. so, you know, right now, we have enormous amounts...
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Feb 20, 2013
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all right, nine days to go until president obama is calling a job killing in spending cuts take effect. some say it could be a good thing in the long run. right here, chief strategist for fixed income is with us. robert, i want to start with you. you're looking for about a 5% rollback. buying opportunity, but why that substantial of a pullback? >> it is a relatively big number but if you look at where we are at your over date, and the market never tends to stay too far, too long above the 50 day moving average so where i come up with that 5% number is having a market pullback to the moving average and long-term i think that would be a healthy correction and a buying opportunity for people to get back into stocks. cheryl: you say congress is going to crash and it'll be painful but we all have to witness. >> the issue when it comes to the market is we have had the experiences a few times. back just a few months ago in each of these times we had an outcome relatively favorable. within a game of chicken do thea risk that something could go wrong. cheryl: i agree with you both on that. look
all right, nine days to go until president obama is calling a job killing in spending cuts take effect. some say it could be a good thing in the long run. right here, chief strategist for fixed income is with us. robert, i want to start with you. you're looking for about a 5% rollback. buying opportunity, but why that substantial of a pullback? >> it is a relatively big number but if you look at where we are at your over date, and the market never tends to stay too far, too long above the...
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Feb 13, 2013
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president obama wants to boost the minimum wage. so will it stop companies from hiring more americans? liz macdonald will break that down next for us. ashley: but first let's take a look at some of today's winners and losers. the dow is off 57 points. but we have some winners on the s&p. take a look. we'll be right back. >> and there we are. we are about ten points above. so not close enough to that 14,000. although the right of the top. so there is that. nicole petallides on the floor of the new york stock exchange standing by. down 52 points, but anything could happen. >> reporter: anything can happen. he's alive market action that would bring you every day, taking a look at earnings season. propping it up to a certain extent. how'd you feel after you have gotten in all the corporate earnings? what you think about the market going forward? >> i think the highs have been tested. would like to see them fall back to reset. it's better for the up to the market. most important things to keep an eye and as the money flow in equities. st
president obama wants to boost the minimum wage. so will it stop companies from hiring more americans? liz macdonald will break that down next for us. ashley: but first let's take a look at some of today's winners and losers. the dow is off 57 points. but we have some winners on the s&p. take a look. we'll be right back. >> and there we are. we are about ten points above. so not close enough to that 14,000. although the right of the top. so there is that. nicole petallides on the...
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Feb 25, 2013
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president obama and the new japanese minister met at the white house on friday. trade was on the agenda; however, no word from either side if they actually discussed corp sigh specifically, but as you recall, two weeks ago, the g20 group of world's largest economies including the u.s. and japan issued a communique on currencies that analysts viewed as an endorsement of japan's aggressive economic maps including a lower yen. for now, doesn't look like the u.s. or other nations move to devalue their concern currencies to respond, but the reliance of american manufacturing warns japan saying, quote, the practice of currency manipulation with a major trading partner such as japan is a subsidy for their products entering our market and a tax on our exports entering their country." >> not been a year there ceoer, and meyer sayings get in the office or get out. connell: yeah, my way or the highway. that's it. good for her. we've michael phelps joining us in the studio. should be fun. a lot to talk about, brand image, he doesn't swim anymore, but he's taking up a new spo
president obama and the new japanese minister met at the white house on friday. trade was on the agenda; however, no word from either side if they actually discussed corp sigh specifically, but as you recall, two weeks ago, the g20 group of world's largest economies including the u.s. and japan issued a communique on currencies that analysts viewed as an endorsement of japan's aggressive economic maps including a lower yen. for now, doesn't look like the u.s. or other nations move to devalue...
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one in five small businesses will adjust to obama care this year. some businesses say they have not come up with a plan to measure their healthcare costs this year at all. cheryl: it was the s&p's biggest winner last year. homebuilder pulte gained 188% in 2012. deborah meier joins us next on how consumer demand is driving. ♪ officemax is celebrating our new collaboration with go daddy! with an online package including: domain name, website builder with five pages and basic email just $49.99! that's up to 76 percent below online providers and only at officemax stores! did you know not all fiber is the same? citrucel is different- it's the only fiber for regularity that won't cause excess gas. it's gentle and clinically proven to help restore and maintain regularity. look for citrucel today. cheryl: the real estate recovery has given a big boost to the nation's homebuilder. pulte was the best performing stock on the s&p 500 for all of last year. they gained 188%. joining me right now is deborah meyer. how are conditions now? are you seeing a pickup
one in five small businesses will adjust to obama care this year. some businesses say they have not come up with a plan to measure their healthcare costs this year at all. cheryl: it was the s&p's biggest winner last year. homebuilder pulte gained 188% in 2012. deborah meier joins us next on how consumer demand is driving. ♪ officemax is celebrating our new collaboration with go daddy! with an online package including: domain name, website builder with five pages and basic email just...
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in a statement, president obama said chu helped move the country toward energy independence citing department programs in wind and solar power. chu will stay on until the end of the month and until a successor is confirmed. those are the headlines. back to tracy and ashley. ashley: rick folbaum, thanks so much. the u.s. economy added 157,000 jobs in january, while the unemployment rate it ticked up to 7.9% but today's report represents only a fraction of the 12 million americans looking for work. peter barnes joins us from the labor department with more on that story, peter? >> hey, ashley. 4.7 million of those 12 million people have been unemployed for 27 weeks or longer. that's about 40% of the stolt -- total unemployment. the white house is not doing any high-fives about the jobs report today but it will take it. the president's top economist alan krueger telling me this morning that the report and some other economic indicators paint a picture of an economy that is slowly healing but not back to full they will health just yet. to help get it there the president is pushing the administrati
in a statement, president obama said chu helped move the country toward energy independence citing department programs in wind and solar power. chu will stay on until the end of the month and until a successor is confirmed. those are the headlines. back to tracy and ashley. ashley: rick folbaum, thanks so much. the u.s. economy added 157,000 jobs in january, while the unemployment rate it ticked up to 7.9% but today's report represents only a fraction of the 12 million americans looking for...
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Feb 20, 2013
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with fewer workers to insure, dunkin would save money under the president obama's affordable care act. the company says that is not the purpose of its efforts. shares of dunkin brands up 26% this year although moving slightly lower today. big debate over that 30, 40 hour threshold. tracy: ceo of kroger says portions of the bill are not workable. a lot of are having issues with this. ashley: yep. tracy: herb a life, fourth quarter estimates and charlie gasparino will join us about the call. ashley: the weather may give us a good excuse to stay indoors until friday. we'll have the forecast ahead. a look at the 10 and 30-year treasurys as we head to the break. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. all on thinkorswim. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two w
with fewer workers to insure, dunkin would save money under the president obama's affordable care act. the company says that is not the purpose of its efforts. shares of dunkin brands up 26% this year although moving slightly lower today. big debate over that 30, 40 hour threshold. tracy: ceo of kroger says portions of the bill are not workable. a lot of are having issues with this. ashley: yep. tracy: herb a life, fourth quarter estimates and charlie gasparino will join us about the call....
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this is all, remember they used to say there is no drama obama. he is all about drama. this is reaching absurd proportions. it is very dangerous but the president is doing. this is a leadership vacuum that you are watching right now in washington, d.c. it is deeply disturbing to watch it unfold. melissa: especially when you listen to the language that he is using and you realize ever want at the table is speaking a completely different language. when you are trying to make a deal with someone, you try to understand what the other person is saying. it is the opposite of what we are seeing here completely. lou: a glimpse of the apocalypse. the markets, i believe, right now we are up a few points from when he actually began talking. we will see this market begin to yield to the sheer weight of the uncertainties that are compounding in washington, d.c. you cannot continue along this path. both parties talk about sustainability. this is simply not sustainable. the markets will react when there is too much riding on this for these leaders, i include the president, i include t
this is all, remember they used to say there is no drama obama. he is all about drama. this is reaching absurd proportions. it is very dangerous but the president is doing. this is a leadership vacuum that you are watching right now in washington, d.c. it is deeply disturbing to watch it unfold. melissa: especially when you listen to the language that he is using and you realize ever want at the table is speaking a completely different language. when you are trying to make a deal with someone,...
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Feb 14, 2013
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what does it mean for president obama's planned trade pact with the region? former imf managing director john lipsky is here to talk about that next. first as we do at this time every day, let's look how the dollar is moving right now. guess what? the dollar is up against some of these currencies, including the euro. the euro is down against the dollar at 1.3141. we'll be right back. tracy: we have breaking news from mobile, alabama. coast guard officials are saying that the disabled cruise ship, docked off the coast of alabama is now not moving because of a broken toe line. fingers crossed. the people on board are not in total mutiny right now. ashley: they have four tugboats pulling this thing. one of them broke, the carnival cruise ship triumph due in sometime tonight now. quicker to jump overboard and swim it. tracy: pull up a bunch of dinghyes to put people in? why not? ashley: i can not imagine the horror stories on board. anyway we'll continue to follow it. talking about horror stories, the euro soempb -- eurozone economy plunged at fastest pace in fou
what does it mean for president obama's planned trade pact with the region? former imf managing director john lipsky is here to talk about that next. first as we do at this time every day, let's look how the dollar is moving right now. guess what? the dollar is up against some of these currencies, including the euro. the euro is down against the dollar at 1.3141. we'll be right back. tracy: we have breaking news from mobile, alabama. coast guard officials are saying that the disabled cruise...
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Feb 27, 2013
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that is why obama, president obama has been on essentially a campaign trek doing this hyping of the potential damage, to try to push the numbers so that republicans especially, republicans from moderate districts, would say, hey, we can't afford to stay hard-lined against president obama in these negotiations. but he has not had success. melissa: yeah. no, i mean you make a great point, you are inside these guys heads. you understand them from there better than we do from here. so what is your opinion whether or not something will get done here or when it will get done or how close we are? >> so here's the deal right now. the republicans will remain hard-line on this. you will have sequestration take effect march 1st. you will have basically, as you were describing earlier, the photo on friday with the leaders and president obama at the white house. but i think right there, what they will say is, you know what? don't think the sky's going to fall on march 1st. instead we'll look at bigger deal going towards towards march deadline for budget and continuing resolution and we are engaged in some
that is why obama, president obama has been on essentially a campaign trek doing this hyping of the potential damage, to try to push the numbers so that republicans especially, republicans from moderate districts, would say, hey, we can't afford to stay hard-lined against president obama in these negotiations. but he has not had success. melissa: yeah. no, i mean you make a great point, you are inside these guys heads. you understand them from there better than we do from here. so what is your...
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Feb 28, 2013
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that increase actually includes money spent under president obama too. a 2% overall federal budget cut, small potatoes, and considering it increased by that much in that period of time, there's a lot of fat in the military. >> well, i'm not sure if it's fat, but it is -- these are requirements that people saw that were funded by congress. everything was approved. every requirement was justified. every dollar in that defense program multiple layers. the administrators and bureaucrats said we need this. >> the sequesteration in development was designed to be so ridiculous cuts would never happen. are there better cuts for defense? do you have recommendations that make more sense than the punitive cuts tomorrow? >> well, sure. normally, when you do cuts, you don't put an artificial con straint on it saying every program is equally cut. you look for the things that -- i say if you kill a big weapons system, you can get billions out of that. maybe you don't need it. in the past, they have killed big weapon systems when they had to save money. the department o
that increase actually includes money spent under president obama too. a 2% overall federal budget cut, small potatoes, and considering it increased by that much in that period of time, there's a lot of fat in the military. >> well, i'm not sure if it's fat, but it is -- these are requirements that people saw that were funded by congress. everything was approved. every requirement was justified. every dollar in that defense program multiple layers. the administrators and bureaucrats said...
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Feb 11, 2013
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president obama has extended his prayers and appreciation for pope benedict. he is citing his age and failing strength as his reason for resignation. pope benedict will step down after eight years as pope. a suspected gunman and two women are dead after shots were fired this morning inside the lobby of a delaware court house. our local affiliate is reporting that the gunman was at the courthouse for a child support hearing. his estranged wife was one of the people that were killed. cleanup is underway this morning in mississippi after an overnight tornado. at least three overnight tornadoes tore through that city. they had at least 100 homes and buildings. no fatalities have been reported. more than one thousand people are now injured. those are your headlines. that to lori and alyssa. lori: thank you, heather. melissa: graduation in february. liz claman is live with rob portman. liz: that is senator rob portman family business. you know all about small businesses and certainly the challenges. goldman sachs saying we are stepping up this business. >> it is gre
president obama has extended his prayers and appreciation for pope benedict. he is citing his age and failing strength as his reason for resignation. pope benedict will step down after eight years as pope. a suspected gunman and two women are dead after shots were fired this morning inside the lobby of a delaware court house. our local affiliate is reporting that the gunman was at the courthouse for a child support hearing. his estranged wife was one of the people that were killed. cleanup is...
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Feb 26, 2013
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the agreement is a priority for president obama in his second term. the death toll from the hot air balloon accident in egypt has risen to 19 after a british tourist died from his injuries. that accident occurred when the balloon that was flying over the city of luxor caught fire and crashed to the ground. one tourist send the delusion's times are the only survivors. 20 years ago today the first attack on the world trade center took place. six people died and 100,000 were injured when a bomb went off in an underground garage below one of those hours. a ceremony and moment of silence is being observed at the site of the 9/11 memorial. that is your fox news minute. tracy: i remember is that like it was yesterday. it is a soap opera department store silage macy's and j.c. penney waging battle over the clean of home goods, that would be martha stewart. macy's ceo terry lundgren took the stand saying he hung up on stewart after she called with the news of her j.c. penney deal. stewart takes the stand next week, here is a take on the case. this is just like
the agreement is a priority for president obama in his second term. the death toll from the hot air balloon accident in egypt has risen to 19 after a british tourist died from his injuries. that accident occurred when the balloon that was flying over the city of luxor caught fire and crashed to the ground. one tourist send the delusion's times are the only survivors. 20 years ago today the first attack on the world trade center took place. six people died and 100,000 were injured when a bomb...
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Feb 26, 2013
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president obama in norfolk, va. better than d.c. trying to hammer out a deal because republicans and democrats remain as far apart as ever on all things having to do with taxes and spending. is there a solution? the chief of the wall street journal has a few ideas. we are pleased to welcome him to the show. your latest journal piece suggests they may be closer than they realize. explained that. >> it looks like it is a very sterile debate going on that sounds familiar. i don't think it is hard to come up with something. the president is looking for something on revenues and republicans say no revenue, sequester or replacement has to be all spending cuts but if you look behind those words, the president is still talking about possibly for a big deal that will include some entitlement cuts and republican leaders in congress have actually proposed some loophole closings that would raise revenue democrats are looking for so it should be possible to put these two things together. there's not much conversation under way, not much of a bri
president obama in norfolk, va. better than d.c. trying to hammer out a deal because republicans and democrats remain as far apart as ever on all things having to do with taxes and spending. is there a solution? the chief of the wall street journal has a few ideas. we are pleased to welcome him to the show. your latest journal piece suggests they may be closer than they realize. explained that. >> it looks like it is a very sterile debate going on that sounds familiar. i don't think it is...
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>> assuming judge cahill is confirmed i think the second obama term will be basically the same as the first only worse. i think the risks that we have from a president who is not concerned about american decline, does not pay adequate attention to national security, who is very comfortable walking massive decreases in the defense budget, our adversaries have seen that pattern in the first time, they have rear calibrated their policies accordingly and the risk is the pace and scope of challenges we face will accelerate. connell: what worries you the most? >> the two broad themes that we should be more worried about are the continuing war on terror which we now see spread across north africana and in the middle east and turkey and proliferation of weapons of mass destruction. the iranian nuclear weapons program, let's not forget the north korean nuclear weapons program where they may be approaching a third nuclear test. connell: we will leave it there. a lot going on around world. thank you, appreciate it as always. dagen: thank you. the government debt, people saying this is not the bi
>> assuming judge cahill is confirmed i think the second obama term will be basically the same as the first only worse. i think the risks that we have from a president who is not concerned about american decline, does not pay adequate attention to national security, who is very comfortable walking massive decreases in the defense budget, our adversaries have seen that pattern in the first time, they have rear calibrated their policies accordingly and the risk is the pace and scope of...
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Feb 22, 2013
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moments ago president obama taking a question on the automatic spending cuts. let's listen what the president had to say. actually, we're going to wait on that. we will come back to that sound bite here but, first let's talk about what $85 billion in cuts means for the markets. my next guest says that we're poised for a pullback though we're not seeing it right now. joining me, jeff saut, chief investment strategist and managing director with raymond james. and jeff, i want to ask you, bigger picture, in a week from now we could see $85 billion in automatic spending cuts. actually, let's break in now. hold that thought, jeff. we'll break in with what the president said moments ago. >> that, these kinds of arbitrary, automatic cuts would have an adverse impact on families, on teachers, on parents who are reliant on head start programs, on our military readiness, on mental health services, on medical research. this is not a smart way for to us reduce the deficit. i've also been very clear that there is an alternative which is for us to take the kind of balanced a
moments ago president obama taking a question on the automatic spending cuts. let's listen what the president had to say. actually, we're going to wait on that. we will come back to that sound bite here but, first let's talk about what $85 billion in cuts means for the markets. my next guest says that we're poised for a pullback though we're not seeing it right now. joining me, jeff saut, chief investment strategist and managing director with raymond james. and jeff, i want to ask you, bigger...